Whales with a lot of money to spend have taken a noticeably bearish stance on Capri Holdings.
Looking at options history for Capri Holdings CPRI we detected 21 trades.
If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 47% with bearish.
From the overall spotted trades, 13 are puts, for a total amount of $1,825,149 and 8, calls, for a total amount of $461,026.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $30.0 to $40.0 for Capri Holdings during the past quarter.
Insights into Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Capri Holdings's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Capri Holdings's whale trades within a strike price range from $30.0 to $40.0 in the last 30 days.
Capri Holdings Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CPRI | PUT | TRADE | BEARISH | 08/16/24 | $4.2 | $3.0 | $4.2 | $40.00 | $630.0K | 6.7K | 1.5K |
| CPRI | PUT | TRADE | BEARISH | 08/16/24 | $4.1 | $3.8 | $4.1 | $40.00 | $614.9K | 6.7K | 3.0K |
| CPRI | CALL | TRADE | BULLISH | 06/21/24 | $1.3 | $1.05 | $1.2 | $37.50 | $168.0K | 2.1K | 6.2K |
| CPRI | PUT | TRADE | BEARISH | 01/17/25 | $6.2 | $6.0 | $6.2 | $35.00 | $88.0K | 38.3K | 164 |
| CPRI | PUT | SWEEP | BEARISH | 03/21/25 | $5.2 | $5.0 | $5.2 | $32.50 | $79.5K | 8 | 0 |
About Capri Holdings
Michael Kors, Versace, and Jimmy Choo are the brands of Capri Holdings, a marketer, distributor, and retailer of upscale accessories and apparel. Michael Kors, Capri's largest brand, offers handbags, footwear, and apparel through more than 800 company-owned stores, wholesale, and e-commerce. Versace (acquired in 2018) is known for its ready-to-wear luxury fashion, while Jimmy Choo (acquired in 2017) is best known for women's luxury footwear. John Idol has served as CEO since 2003.
In light of the recent options history for Capri Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Capri Holdings Standing Right Now?
- With a trading volume of 2,033,967, the price of CPRI is up by 3.12%, reaching $36.84.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 22 days from now.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Capri Holdings, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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